European alloy steel surcharges for May deliveries of grade-304 cold-rolled (CR) stainless steel sheet have risen for the fourth consecutive month on an increase in nickel costs.The May alloy surcharge for 2mm grade-304 CR stainless steel sheet - based on data published by Outokumpu, Acerinox and Aperam - is ?,?1,385-1,434 ($1,683-1,742) per tonne. This is up month-on-month from April's surcharge...Read More

The Turkish ministry of economy has started an investigation into the impact of steel imports on the country's domestic steelmaking industry, it said on Friday, April 27. Market participants believe the investigation is a precautionary measure against the Section 232 tariffs being introduced by the US, because Turkey may become an open market for dumped products once the US measures start to...Read More

China's domestic stainless steel prices narrowed over the past week amid a mixed outlook for the market. Metal Bulletin's assessment of prices for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,300-14,800 yuan ($2,259-2,338) per tonne including VAT for the week ended Thursday April 26, compared with 14,100-15,000 yuan per tonne a week earlier. Customers booked stainles...Read More

Turkish steel mills continued their deep-sea scrap bookings for May deliveries at slightly higher prices on Friday April 27.Mills in the country booked six deep-sea cargoes from various regions on Friday, totaling around 180,000 tonnes.A steel mill in the Izmir region booked a Baltic Sea cargo, comprising 23,500 tonnes of HMS 1&2 (80:20) at $351.50 per tonne, 5,500 tonnes of bonus at $361.50 per t...Read More

The following Metal Bulletin non-ferrous European free market scrap prices changed on Friday April 27:Aluminium ingot Duty paid delivered works...Read More

The latest bids, offers and deals in the global markets for ferrous scrap products. Latest transactions: HMS, shredded, bonus, P&S, railTurkey, import, 23,500 tonnes of HMS 1&2 (80:20) traded at $351.50 per tonne, 5,500 tonnes of bonus traded at $361.50 per tonne, 1,000 tonnes of rail traded at $366.50 per tonne cfr, April 27, from the Baltic Sea.Turkey,...Read More

Metal Bulletin reported in May 2017 that movements in the spread between 37% fob and 44% cif manganese ore indices might provide clues about direction in subsequent weeks.At the time, Metal Bulletin had observed that a narrowing of the spread between the prices for the two grades of manganese ore was often followed by a rise in prices and that a widening of the spread often preceded a pr...Read More

Canada's Cameco (TSX:CCO) (NYSE:CCJ), the world's largest publicly traded uranium producer, swung back into the black in the first three months of the year thanks to improved prices for the commodity and the company's efforts to lower costs.The Saskatchewan-based miner posted Friday net earnings of $55 million, or 14 cents per share, compared with a loss of $18 million, or 5 cents per share, in t...Read More

Chinese authorities intervened this week in favour of Tianqi's attempt to grab a 32% interest in Chile's Chemical and Mining Society (SQM), the world's second largest lithium producer, saying that any efforts to block the $5 billion deal could "leave negative influences."According to Chilean newspaper El Mercurio (in Spanish), Chinese Ambassador Xu Bu openly condemned the move by the country's d...Read More

Antioquia's Governor Luis P?(C)rez said that his province, located in the central northwestern part of Colombia, is the first one to prevent 25 tonnes of mercury from gold mining from polluting local rivers and forests.During a meeting held with officials from the Mining Ministry and other government representatives, P?(C)rez said that the initiative called Antioquia Free of Mercury is yielding po...Read More

Goldcorp-backed Auryn Resources Inc. (TSE:AUG) announced today that it is close to becoming a big player in the Andahuaylas-Yauri belt in southern Peru.The reason behind such assertion is the company's recent addition of 60,000 hectares to its Sombrero project, which means that now its land position is greater than 100,000 hectares. The decision to stack was taken after the company received the re...Read More

http://www.mining.com/Chilean Finance Minister Felipe Larra?-n and his Mining counterpart Baldo Prokurica said today that the government that came to power in March will ensure state copper giant Codelco receives capital incentives so that it can continue to grow.Following Codelco's annual shareholder meeting, Larra?-n and Prokurica said the new capitalization process and the amount that will be p...Read More

The search for DNA relatives is clever detective work, but it does raise issues of data protection I've been warning about.DNA info must be viewed as personal property of the most intimate and personal form. We must own itContinue...Read More

Jason Burack of Wall St for Main St interviewed first time guest, experienced stock trader and editor at the Cross Currents stock market trading newsletter http://www.cross-currents.net/, Alan Newman. Alan began professionally trading markets in 1987 and has been writing a paid newsletter for stock market traders for 28 years. Alan talks about stock market support levels to watch and he thinks tha...Read More

Continue...Nomi Prins is an American author, journalist, and Senior Fellow at Demos. She has worked as a managing director at Goldman-Sachs and as a Senior Managing Director at Bear Stearns, as well as having worked as a senior strategist at Lehman Brothers and analyst at the Chase Manhattan Bank. Prins is known for her books All the Presidents' Bankers: The Hidden Alliances that Drive American Po...Read More

Getting a fever is no fun. You likely get chills, you sweat, and you're just generally uncomfortable. You get tired easily and need to rest. But here's the Continue...Read More

Do you have the nagging sense that our empire is in decline?If so, don't be embarrassed by it. Historically speaking, we're in very good company. Far larger and longer-lived empires than ours have come and gone over the millennia. Continue...Read More

A statement of intent to strengthen cooperation on fast neutron sodium-cooled reactors has been signed between the US Department of Energy (DOE) and the French Alternative Energies and Atomic Energy Commission (CEA). The partners have also a statement of intent to begin cooperation in the field of artificial intelligence.The documents were signed yesterday in Washington, DC, by US Energy Secretary...Read More

Despite healthy economic fundamentals across metals markets, geopolitical uncertainty casts a shadow over Sucden Financial's altogether positive market outlook, the commodity broker's Quarterly Metals Report Briefing highlighted.In its second-quarter trading ranges, the broker omitted forecasts for both aluminium and nickel following the recent storm of uncertainty surrounding the metals' price ac...Read More

The government of Niger has a strong commitment to developing the infrastructure for a nuclear power programme, an International Atomic Energy Agency (IAEA) mission has concluded. Niger, whose economic development is hampered by a lack of consistent electricity supply, is considering a potential role for nuclear power in its energy mix, the IAEA said. A country of about 21 million people in Wester...Read More